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The Empirical Determinants of Inventory Levels in High-Volume Manufacturing

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dc.creator Demeester, Lieven
dc.creator Lieberman, Marvin B.
dc.creator Helper, Susan
dc.date 2002-09-04T15:22:46Z
dc.date 2002-09-04T15:22:46Z
dc.date 1996-02-06
dc.date.accessioned 2013-05-31T18:58:37Z
dc.date.available 2013-05-31T18:58:37Z
dc.date.issued 2013-06-01
dc.identifier http://hdl.handle.net/1721.1/1621
dc.identifier.uri http://koha.mediu.edu.my:8181/jspui/handle/1721
dc.description This study uses survey data on several hundred automotive suppliers in North America to evaluate the determinants of inventory levels in high-volume discrete parts manufacturing. We assess the magnitude of raw materials, work-in-process, and finished goods inventories, as well as production lot sizes and through-put times. Results are broadly consistent with the EOQ formula and related models of optimal inventory holding. Inventories are shown to be jointly determined by technological factors and managerial practices. Several categories of managerial practices are found to be important. Low inventories are linked to employee training and problem solving activities and frequent communication with customers. More unexpected findings show the absence of inventory differences between USowned and Japanese-owned plants operating in the United States. This suggests that Japanese transplant parts makers have not been completely successful in adapting Japanese manufacturing methods to the US environment.
dc.description The MIT International Motor Vehicle Program and the UCLA Academic Senate for financial support.
dc.format 70548 bytes
dc.format application/pdf
dc.language en_US
dc.subject JIT manufacturing
dc.subject inventory
dc.subject automotive
dc.title The Empirical Determinants of Inventory Levels in High-Volume Manufacturing


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